US energy giants report fallout from Middle East war

Exxon and Chevron have both disclosed production declines which resulted from the Iran conflict

US energy giants ExxonMobil and Chevron have reported lower production and a financial fallout linked to the Iran war, citing operational disruptions and market volatility as a result of the conflict and restrictions on the Strait of Hormuz regarding shipping linked to the West.

In a filing to US regulators on Wednesday, ExxonMobil flagged...